The bears are attempting to stall the current rally but bulls are likely to defend the closest support levels, suggesting each dip represents a buying opportunity. Morgan Creek Capital CEO Mark Yusko believes that Bitcoin should be a part of every investment portfolio. The performance analysis of the past five years shows that even portfolios […]
Continue Reading
Overstock’s blockchain arm tZERO aims to launch a cryptocurrency market broker dealer service in the first half of 2020. Overstock’s blockchain arm tZERO aims to launch its cryptocurrency and digital asset broker dealer service in the first half of 2020. In a letter to investors released on Jan. 30, tZERO CEO Saum Noursalehi provided a […]
Continue Reading
After launching trading of gold-pegged stablecoin Tether Gold last week, Bitfinex cryptocurrency exchange now allows users to trade Tether Gold against Bitcoin. After launching trading of gold-pegged stablecoin Tether Gold (XAU₮) last week, Bitfinex now allows users to trade Tether Gold against Bitcoin (BTC). On Jan. 30, Bitfinex has rolled out three margin trading pairs […]
Continue Reading
Cambodia is the latest country to demonstrate serious pro-blockchain action. The National Bank of Cambodia’s new digital currency is called Bakong. It’s effectively a central bank digital currency (CBDC) that was launched on a trial basis throughout Cambodia in July. Chea Serey, director-general of the National Bank of Cambodia, said the system will be operational […]
Continue Reading
CME has passed the $100 billion volume mark for its Bitcoin futures trading product. The Chicago Mercantile Exchange, or CME, has hosted over $100 billion in volume for its Bitcoin futures trading product. “CME Bitcoin futures have surpassed $100 billion in total notional value traded since their launch in December 2017,” CME Group Managing Director […]
Continue Reading
Bitcoin’s Taproot proposal is believed to vastly improve privacy, but its author revealed that it is not a silver bullet and it does not hide CoinJoin transactions. The activation of Bitcoin’s (BTC) Taproot upgrade is moving forward as official Bitcoin Improvement Proposals (BIP) were submitted for review on Jan. 24. Even though Taproot is often […]
Continue Reading
Bitcoin Cash so no block for five hours earlier today, but due to low usage the transaction backlog was cleared without difficulty in two blocks. The Bitcoin Cash (BCH) blockchain has seen no new block for five hours earlier today. However, due to low usage, the transaction backlog was cleared without difficulty and normal activity […]
Continue Reading
Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage. Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage. Bittrex announced in a blog post on Jan. 29 that the […]
Continue Reading
Major United States-based cryptocurrency exchange Coinbase established a second Irish firm to expand its crypto custody services to European institutions. Major United States-based cryptocurrency exchange Coinbase has established an entity in Ireland to expand its crypto custody services to European institutions. According to a Coinbase announcement published on Jan. 30, the new entity is called […]
Continue Reading
Binace has hired on a former Huobi and JPMorgan exec as its new director of European and Latin American growth and institutional business. Binance, the second-largest cryptocurrency exchange by 24-hour volume, has hired an exec from one of its foremost competitor exchanges, Huobi. According to an announcement shared with Cointelegraph on Jan. 30, Binance has […]
Continue Reading